Question 9.2 Page 367
Go to http//bigcharts.marketwatch.com/. Enter the following ticker symbols, one at a time, at the top of the web page. Click on the “basic chart”, and select a three-year time frame.
Company: LOBLAW
3 year time frame (2011-2013)

This pattern is known as a "reverse head and shoulders" or a "head and shoulders bottom". On the left shoulder (2011 August –September) the price decline and moves higher. On the head another decline occurs (2012 May-June). On the right shoulder the price then moves higher and moves back lower but not as low as the head.(2012 September-October-November). The point of breakout is when most traders following the pattern would enter the security. (December 2012) Investors should sell their shares before the price break down. Head and shoulders bottom is considered to be a positive sing.
Last 3 months trends (September-October-November 2013)

There is another head and shoulder pattern for the last three months. (2013-September to November) At the end of the November we can see a break point. The price falls to a trough and then rises. The price falls below the former trough and then rises again. In the end, the price falls again, but not as far as the second trough.

Company: GILDAN
Last 3 years trend (2011-2013)

This is a line chart. It’s the technical line for an uptrend (blue line) and it connects the first two major lows. The second low on December 2011 higher than the first low on August 2011.From December 2011 the chart has uptrend move. The stock at the bottom on December 2011 after that point investors want to buy during correction increases. If price rise is above the trend line, it means trend lines is very solid and if in future in break will happen, then it means total or net demand is weak.

Last 3 months trend of Gildan (September-October-November 2013)

Last 3 months Gildan chart has head and shoulders bottom. At the left shoulder early in September price declines and moves higher. At the head early October decline occurs to a lower level. At the right shoulder at the beginning on November price than moves higher and moves back lower. The most common entry is when a breakout occurs - the neckline is broken and a trade is taken. This happened at the end of November. (2013)

Company: MICROSOFT
Last 3 years trend (2011-2013)

This chart has two sections. The first part is channel type from March 2011 to December 2011. (Blue line) Sideways trend is generally a result of the price traveling between strong levels of support and resistance. The second part is head and shoulders